CCT threatens Coco Solo legal action
01 Dec 2006
Management of Colon Container Terminal (CCT), an Evergreen subsidiary, is to take legal action against Panama Maritime Authority (AMP), because it believes that its rights to operate in the Atlantic coast port of Coco Solo are being infringed. According to CCT, Colon Oil and Services SA, a concessionaire in Coco Solo, is going ahead with a 250 metre expansion of Quay 3 even though it does not have the correct permits and authorisation.
This is refuted by Colon Oil,which says that its paperwork is 100% in order. CCT furthermore claims that the expanded quay will endanger maritime security and affect operational rights in the area. However,AMP points to several technical reports undertaken which demonstrate that no problems will occur.





